That's just wrong.
It's more of a telling sign when there's insider buying as this is a clear positive signal regardless.
But selling is something entirely different. People sell for so many reasons, i.e. personal financial needs, maybe their renovating a house, they need liquidity..could be ANYTHING. That's why it's never a true indicator of their thoughts on the company, as opposed to buying. I've seen directors sell off millions worth and then the sp shoot up 2 weeks later - they're unrelated.
IMO any way, but you'll find that's a general rule.
Ann: Alcidion signs $3.4M contract extension with DGT NHS Trust, page-20
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Last
5.1¢ |
Change
-0.001(0.98%) |
Mkt cap ! $67.79M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.2¢ | 5.0¢ | $40.36K | 798.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 208368 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 19330 | 3 |
View Market Depth
| Last trade - 15.44pm 06/06/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
-0.001 ( 0.99 %) |
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.2¢ | 5.0¢ | 369177 | ||
| Last updated 15.25pm 06/06/2024 ? | |||||
| ALC (ASX) Chart |